Tax Deductions

Goodwill Industries of Southwest Florida
Is An IRS-Approved 501(c)(3) Nonprofit Organization

This means donations to Goodwill are often tax deductible!

IRS guidelines for charitable contributions are available on IRS Publication 526 or by calling toll-free at 1 (800) 829-1040.

PLEASE VISIT www.800helpfla.com FOR OFFICIAL REGISTRATION INFORMATION AND ADDITIONAL INFORMATION.

Deducting Your Donation

Only taxpayers who itemize (use the long form) can deduct charitable donations.
Save all of your paperwork.
Always consult a tax accountant if you have questions about your claim.

Track Your Donation Receipts Online!

It’s easier than ever to track your Goodwill donations by eliminating your paper receipts. Once you register, your receipts can be filed electronically. At tax time, simply login to your account and print your annual Goodwill donations summary!

It’s just 4 simple steps to request your electronic tax receipt. We recommend that you register your donation within 45 days.

Your donations fuel job training for people with barriers to employment and change lives.

Start Tracking Now!

Retail Donations

For donated items worth less than $500, you are expected to provide the “fair market value” of the items when filing your tax return. The “fair market value” of a donated item can vary greatly. If you bought a new shirt for $40 a decade ago, then donated it to a charity that resold it for $3.99, then its “fair market value” is $3.99, not $40. Consult Goodwill Industries International’s valuation guide for estimated values of commonly donated items.
When filling out your donation receipt, try to include as much information as possible about the type and quantity of your donated items. Trying to claim $400 for “one bag of clothes” is a red flag to auditors.
If you believe your donation is worth more than $500, you must submit an IRS Form 8283 with your tax filing. The IRS will also require a professional appraisal for these items. The cost of the appraisal may also be deductible as a miscellaneous expense.